Continuing Cookie Chronicle Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 3. CCC4 Cookie Creations is gearing up for the winter holiday season.
Chapter 13 — Part A, prepare a horizontal and vertical analysis Horiz. During the month of Decemberthe following transactions occur. The balance outstanding is received. Natalie has not had time to account for each class individually. This is in addition to the December 5 and December 9 transactions.
Her assistant worked approximately hours from the time in which she was hired until December Depreciation is recorded on the baking equipment purchased in November.
The baking equipment has a useful life of 5 years. Amortization which is similar to depreciation is recorded on the website. Credit the Website account directly for the amount of the amortization. The website is amortized over a useful life of 2 years and was available for use on December 1.
Interest on the note payable is accrued. Round to nearest dollar. Natalie is unexpectedly telephoned on December 28 to give a cookie class at the neighborhood community center on December The invoice is for services provided during the month of December and is due on January An analysis of the unearned revenue account reveals that two of the five classes paid for by the local school board on December 9 still have not been taught by the end of December.
Instructions Using the information that you have gathered and the general ledger accounts that you have prepared through Chapter 3, plus the new information above, do the following.
Use the general ledger accounts prepared in Chapter 3.Continuing Cookie Chronicle 1 Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 6.) CCC7 Part 1Natalie is struggling to keep up with the recording of her accounting transactions.
She is spending a lot of time marketing and selling mixers and giving her cookie classes. The instructions and data for the problem is in your Textbook (the "Continuing Cookie Chronicle" at the end of the chapter).
Use the arrow buttons (lower left corner of the window) to navigate through the tabs. Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 3.) CCC4 Cookie Creations is gearing up for the winter holiday season.
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